TOKYO, Jan 30 (News On Japan) –
Canon introduced a change in its high administration, with President Fujio Mitarai set to relinquish the presidency for the third time. Mitarai, at the moment 90, will transfer into the position of chairman and chief govt officer whereas handing day-to-day administration to Vice President Ogawa, who will assume the submit of president and chief working officer.
“I will continue to set the company’s management direction as chairman and CEO, while working closely with Vice President Ogawa as he takes on the role of president and COO,” Mitarai mentioned.
Mitarai first turned president in 1995 and has led the corporate for greater than three many years, steering Canon’s growth into a world enterprise.
In 2006, he was chosen as chairman of Keidanren, turning into considered one of Japan’s most outstanding enterprise leaders, and likewise served as a member of the federal government’s Council on Economic and Fiscal Policy.
Mitarai returned to the presidency in 2020 after the earlier president stepped down for well being causes, marking his third time period within the position after a four-year interval. The newest announcement represents his third departure from the presidency, as he transitions to give attention to strategic oversight as chairman and CEO.
Source: TBS